1. a. Units to be Assigned Costs

Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 64,100 tons from the Casting Department in October. During October, the Rolling Department completed 73,400 tons, including 13,800 tons of work in process on October 1. The ending work in process inventory on October 31 was 4,500 tons.

How many tons were started and completed during October? ____________ 1 tons

b. Cost per Equivalent Unit

The cost of direct materials transferred into the Rolling Department of Kraus Company is $530,400. The conversion cost for the period in the Rolling Department is $285,200. The total equivalent units for direct materials and conversion are 2,600 tons and 4,600 tons, respectively.

Determine the direct materials and conversion costs per equivalent unit.

Direct materials cost per equivalent unit:	$
Conversion cost per equivalent unit:	$